TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 08-01-2011 , and ending 07-31-2012

Check all that apply:Initial returnInitial return of a former public charityFinal return

Amended returnAddress changeName change

Name of foundation
THOMAS H AND MARY HADLEY CONNER LEATH FND

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2907 - TRUST TAX DEPT Room/suite

City or town, state, and ZIP code
WILSON, NC278942907

A Employer identification number

56-6294400

B Telephone number (see page 10 of the instructions)

(910) 693-2726

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$2,372,793J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	4,250		4,250
4	Dividends and interest from securities......	61,896		61,896
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		30,832
b	Gross sales price for all assets on line 6a 1,765,674
7	Capital gain net income (from Part IV, line 2)...			30,832
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		1,346	1,346
12	Total. Add lines 1 through 11........	98,324		98,324
13	Compensation of officers, directors, trustees, etc.	31,830		31,830
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		5,050			0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		245
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	37,125		31,830	0	0
25	Contributions, gifts, grants paid........	113,000				113,000
26	Total expenses and disbursements. Add lines 24 and 25	150,125		31,830	0	113,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-51,801
b	Net investment income (if negative, enter -0-)			66,494
c	Adjusted net income (if negative, enter -0-)...				0

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	35,722	47,612	47,612
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	101,807	101,807	106,666
	b	Investments—corporate stock (attach schedule)........	1,119,538	1,158,658	1,286,104
	c	Investments—corporate bonds (attach schedule)........	992,134	891,604	932,311
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1	1	100
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,249,202	2,199,682	2,372,793
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	2,249,202	2,199,682
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	2,249,202	2,199,682
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	2,249,202	2,199,682

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	2,249,202
2	Enter amount from Part I, line 27a.....................	2	-51,801
3	Other increases not included in line 2 (itemize)	3	2,296
4	Add lines 1, 2, and 3..........................	4	2,199,697
5	Decreases not included in line 2 (itemize)	5	15
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	2,199,682

Form 990-PF (2011)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	610. ABB LTD SPONSORED ADR			2011-08-24
b	80. ACACIA RESEARCH COMMON		2011-05-16	2011-08-24
c	70. ADECCO SA REG UNSPON ADR		2011-03-24	2011-08-24
d	220. ADIDAS AG		2009-08-17	2011-08-24
e	80. AIXTRON AG ADR		2010-07-06	2011-08-24
	30. ALBEMARLE CORP COMMON		2011-05-16	2011-08-24
	230. ALCOA INC		2011-02-14	2011-08-24
	480. ALCOA INC		2010-11-10	2011-08-24
	60. AMERICAN EXPRESS COMPANY		2011-02-14	2011-08-24
	80. AMGEN INCORPORATED		2011-05-16	2011-08-24
	170. AMPHENOL CORP CL A		2009-08-17	2011-08-24
	80. ANGLO AMERICAN PLC UNSPONSORED ADR		2011-02-14	2011-08-24
	30. ANHEUSER-BUSCH INBEV NV SPN ADR		2009-08-17	2011-08-24
	60. AON CORPORATION COMMON		2011-02-14	2011-08-24
	26. APPLE COMPUTER CORPORATION COMMON			2011-08-24
	4. APPLE COMPUTER CORPORATION COMMON		2010-11-10	2011-08-24
	180. APPROACH RESOURCES INC COMMON			2011-08-24
	80. ARCELORMITTAL			2011-08-24
	1992.888 ARTISAN INTERNATIONAL SMALL CAP FUND # 1			2011-08-24
	180. ASAHI GLASS COMPANY LIMITED		2011-03-24	2011-08-24
	200. AVNET INCORPORATED		2011-02-14	2011-08-24
	180. ADR AXA-UAP F/K/A AXA SA SPONSORED ADR		2009-08-17	2011-08-24
	60. BNP PARIBAS		2011-03-24	2011-08-24
	120. BNP PARIBAS			2011-08-24
	20. BAKER HUGHES INCORPORATED		2011-07-21	2011-08-24
	157. BANCO BRADESCO S A		2009-08-17	2011-08-24
	300. BANCO SANTANDER CENT HISPANO SA ADR		2009-08-17	2011-08-24
	530. BANK OF AMER CORP COMMON		2010-07-06	2011-08-24
	50. BANK OF NOVA SCOTIA			2011-08-24
	40. BANK OF NOVA SCOTIA		2011-07-21	2011-08-24
	50. THE BANK OF YOKOHAMA LTD			2011-08-24
	130. BARCLAYS PLC ADR			2011-08-24
	30. BAYER A G SPONSORED ADR		2011-05-16	2011-08-24
	20. BAYER A G SPONSORED ADR		2009-08-17	2011-08-24
	110. BAYERISCHE MOTOREN WERKE (BMW) UNSPONS A		2010-08-04	2011-08-24
	190. BE AEROSPACE INC COMMON		2011-05-16	2011-08-24
	20. BELLE INTERNATIONAL HOLDINGS LIMITED		2011-07-21	2011-08-24
	90. BERKSHIRE HATHAWAY INC DEL CL B COMMON			2011-08-24
	140. BHP BILLITON LIMITED			2011-08-24
	20. BIO-RAD LABS CLASS A		2011-02-14	2011-08-24
	60. BIO-RAD LABS CLASS A			2011-08-24
	50. BRITISH SKY BROADCAST, ADR		2009-08-17	2011-08-24
	110. CIT GROUP INC COMMON			2011-08-24
	100. CAMECO CORP		2009-08-17	2011-08-24
	110. CATALYST HEALTH SOLUTIONS INC COMMON		2011-07-21	2011-08-24
	210. CENOVUS ENERGY INC.		2010-11-10	2011-08-24
	50. CENOVUS ENERGY INC.		2011-02-14	2011-08-24
	110. CEPHEID INC COMMON		2011-05-16	2011-08-24
	405. CISCO SYSTEMS			2011-08-24
	100. CISCO SYSTEMS		2011-03-24	2011-08-24
	30. COCA COLA COMPANY		2011-07-21	2011-08-24
	305. COMCAST CORP NEW CL A			2011-08-24
	370. COMPAGNIE FINANCIERE RICHEMONT SA		2010-11-10	2011-08-24
	283. COMPANHIA ENERG DE MINAS GER PFD			2011-08-24
	20. CONOCOPHILLIPS COM		2003-11-20	2011-08-24
	160. CORNING INCORPORATED			2011-08-24
	90. CREDIT SUISSE GROUP SPONS ADR			2011-08-24
	378.931 CREDIT SUISSE COMMODITY RETURN STRATEGY INSTITUTIONAL SHS FD 2		2009-08-20	2011-08-24
	60. CROWN HOLDINGS INC COMMON			2011-08-24
	160. DEUSTCHE BOERSE AG ADR		2009-08-17	2011-08-24
	100. DILLARDS INC		2011-05-16	2011-08-24
	220. DISNEY WALT COMPANY			2011-08-24
	50. DISCOVER FINL SVCS		2010-07-06	2011-08-24
	100. DISCOVER FINL SVCS		2011-02-14	2011-08-24
	130. DISCOVER FINL SVCS		2010-11-10	2011-08-24
	140. DOW CHEMICAL COMPANY		2011-07-21	2011-08-24
	50. DRESSER-RAND GROUP INC COMMON		2011-07-21	2011-08-24
	50. ENI SPA - SPONSORED ADR COMMON		2009-08-17	2011-08-24
	70. ENSCO INTERNATIONAL PLC		2011-07-21	2011-08-24
	180. EVERCORE PARTNERS INC-CL A COMMON		2011-07-21	2011-08-24
	290. EXPEDIA INC COMMON			2011-08-24
	60. EXXON MOBIL CORPORATION		2009-12-22	2011-08-24
	938.622 FEDERATED TOTAL RETURN GOV'T BOND FUND #647		2009-10-26	2011-08-24
	50. GDF SUEZ SPONS ADR		2009-08-17	2011-08-24
	120. GAFISA S.A.		2010-02-23	2011-08-24
	130. GAFISA S.A.		2010-11-10	2011-08-24
	130. GARTNER,INC COMMON		2011-05-16	2011-08-24
	200. GAZPROM		2009-08-17	2011-08-24
	570. GENERAL ELECTRIC COMPANY			2011-08-24
	10. GOOGLE INC CL A		2009-02-26	2011-08-24
	260. GRAFTECH INTERNATIONAL LTD			2011-08-24
	1390. GRAPHIC PACKAGING HOLDING CO COMMON			2011-08-24
	100. HDFC BANK LTD ADR			2011-08-24
	110. HARRIS CORP		2011-05-16	2011-08-24
	60. HENKEL KGAA		2009-08-17	2011-08-24
	150. HEWLETT PACKARD COMPANY		2009-08-17	2011-08-24
	130. HOLCIM LTD UNSPON ADR		2011-05-16	2011-08-24
	60. HOWARD HUGHES CORPORATION COMMON		2011-07-21	2011-08-24
	50. J. B. HUNT		2011-05-16	2011-08-24
	760. HUNTINGTON BANCSHARES INC COMMON			2011-08-24
	200. HYPERMARCAS S.A.		2011-07-21	2011-08-24
	190. IAC/INTERACTIVE CORP COMMON			2011-08-24
	170. ICAP PLC		2009-08-17	2011-08-24
	250. INDUSTRIAL AND COMMERCIAL BANK OF CHINA		2011-03-24	2011-08-24
	25. INDUSTRIAL AND COMMERCIAL BANK OF CHINA		2009-08-17	2011-08-24
	20. INTERCONTINENTALEXCHANGE INC COMMON		2011-02-14	2011-08-24
	40. INTERCONTINENTALEXCHANGE INC COMMON			2011-08-24
	35. INTERNATIONAL BUSINESS MACHINES CORP		2009-05-15	2011-08-24
	650. INTERPUBLIC GROUP		2011-03-24	2011-08-24
	50. ISHARES FTSE/XINHUA CHINA 25 INDEX FUND		2011-05-16	2011-08-24
	30. ISHARES FTSE/XINHUA CHINA 25 INDEX FUND		2010-04-20	2011-08-24
	240. ISHARES BARCLAYS 1-3 YEAR CREDIT BOND FD		2010-04-20	2011-08-24
	70. ITC HOLDINGS CORP COMMON		2011-07-21	2011-08-24
	190. J P MORGAN CHASE & CO			2011-08-24
	180. MINING AND METALLURGICAL CO NORILSK NICK		2009-08-17	2011-08-24
	40. JOHNSON & JOHNSON		2003-11-20	2011-08-24
	30. KB FINANCIAL GROUP INC COMMON		2009-08-17	2011-08-24
	150. KBR INC COMMON		2011-02-14	2011-08-24
	210. KINGFISHER PLC-SPONS ADR		2010-02-23	2011-08-24
	290. KINGFISHER PLC-SPONS ADR		2011-02-14	2011-08-24
	60. KAMATSU LTD		2011-05-16	2011-08-24
	190. KRAFT FOODS INC-A COMMON		2009-05-15	2011-08-24
	40. LIBERTY MEDIA STARZ SERIES A COMMON		2011-03-24	2011-08-24
	120. LIFE TECHNOLOGIES CORP COMMON		2011-02-14	2011-08-24
	580. LLOYDS TSB GROUP		2011-05-16	2011-08-24
	130. LOWES COMPANIES INCORPORATED		2011-02-14	2011-08-24
	110. MANULIFE FINANCIAL CORPORATION - DEMUTUALIZATION BENEFIT		2009-08-17	2011-08-24
	170. MARUI LTD ADR			2011-08-24
	70. MECHEL OAO		2011-02-14	2011-08-24
	120. MEDTRONIC INC		2007-11-08	2011-08-24
	170. MERCK & CO INC			2011-08-24
	210. METLIFE COMMON		2009-12-22	2011-08-24
	380. MICROSOFT CORPORATION			2011-08-24
	100. MICROCHIP TECHNOLOGY INC		2011-02-14	2011-08-24
	140. MICROCHIP TECHNOLOGY INC		2010-11-10	2011-08-24
	260. MICROSEMI CORP		2011-07-21	2011-08-24
	6. MITSUI & CO LTD		2011-02-14	2011-08-24
	4. MITSUI & CO LTD		2010-04-20	2011-08-24
	330. MONOTYPE IMAGING HOLDINGS INC COMMON		2009-08-17	2011-08-24
	120. MOODY'S CORPORATION		2011-05-16	2011-08-24
	110. MORGAN STANLEY DEAN WITTER DIS CO		2010-02-23	2011-08-24
	50. NIDEC CORPORATION		2011-07-21	2011-08-24
	70. NIDEC CORPORATION		2009-08-17	2011-08-24
	80. NINTENDO LTD		2009-08-17	2011-08-24
	20. LUKOIL COMMON		2009-10-21	2011-08-24
	90. ORACLE SYSTEM CORPORATION		2008-10-30	2011-08-24
	2475.538 PIMCO LOW DURATION INSTITUTIONAL		2011-02-22	2011-08-24
	1617.933 PIMCO PIMS FOREIGN BOND FUND		2011-02-14	2011-08-24
	30. PEPSICO INCORPORATED		2008-12-10	2011-08-24
	20. PETROCHINA COMPANY LTD COMMON		2010-02-23	2011-08-24
	100. PETROLEO BRASILEIRO SA PETROBRAS		2009-08-17	2011-08-24
	310. PING AN INSURANCE GROUP COMPANY OF CHINA			2011-08-24
	180. PLANTRONICS INC COMMON		2011-05-16	2011-08-24
	20. PROASSURANCE CORP COMMON		2011-07-21	2011-08-24
	40. PROASSURANCE CORP COMMON		2009-08-17	2011-08-24
	20. PROCTOR AND GAMBLE COMPANY		2011-02-14	2011-08-24
	130. PRUDENTIAL PLC		2009-08-17	2011-08-24
	80. PUBLICIS GROUPE ADR		2011-02-14	2011-08-24
	70. RAYONIER INC COMMON		2009-08-17	2011-08-24
	130. ROCK-TENN CO			2011-08-24
	50. ROLLS ROYCE PLC ADR		2011-07-21	2011-08-24
	420. SLM CORPORATION COMMON			2011-08-24
	200. ST JUDE MEDICAL INC COMMON			2011-08-24
	90. ST JUDE MEDICAL INC COMMON		2010-02-23	2011-08-24
	220. SANDVIK AB		2010-07-06	2011-08-24
	180. SBERBANK OF RUSSIA		2011-07-21	2011-08-24
	40. SIEMENS AG SPONSORED ADR			2011-08-24
	60. SOCIEDAD QUIMICA MINERA DE CHILE S A SPONSORED ADR REPSTG SER B SH		2009-12-22	2011-08-24
	80. SOLERA HOLDINGS INC COMMON		2011-05-16	2011-08-24
	180. SOLUTIA INC COMMON		2009-09-21	2011-08-24
	320. SOUTHWEST AIRLINES		2010-11-10	2011-08-24
	270. SOUTHWEST AIRLINES		2011-03-24	2011-08-24
	90. STAPLES INC COMMON		2011-02-14	2011-08-24
	50. STAPLES INC COMMON		2009-08-17	2011-08-24
	150. STERLITE IND LTD.		2011-02-14	2011-08-24
	340. ST MICROELETRONICS N.V.			2011-08-24
	170. SUBSEA 7 SA		2009-08-17	2011-08-24
	300. SUMITOMO CORPORATION		2009-08-17	2011-08-24
	670. SUMITOMO MITSUI TRUST HOLDINGS INC		2011-04-05	2011-08-24
	360. SUNCOR ENERGY, INC			2011-08-24
	70. TARGET CORP COM		2011-02-14	2011-08-24
	80. TEAM HEALTH HOLDINGS, INC. COMMON		2011-07-21	2011-08-24
	50. TECK RESOURCES LTD COMMON		2010-11-10	2011-08-24
	50. TECK RESOURCES LTD COMMON		2010-02-23	2011-08-24
	80. TELENOR ASA ADR			2011-08-24
	50. TENCENT HOLDINGS LIMITED LTD UNSPONS ADR		2011-07-21	2011-08-24
	90. TENCENT HOLDINGS LIMITED LTD UNSPONS ADR		2009-08-17	2011-08-24
	100. TESCO PLC SPONS ADR		2009-08-17	2011-08-24
	190. TESCO CORP		2010-11-10	2011-08-24
	60. TESCO CORP		2011-07-21	2011-08-24
	80. TEVA PHARMACEUTICAL INDS LTD ADR		2010-02-23	2011-08-24
	100. THERMO ELECTRON COMMON		2011-02-14	2011-08-24
	40. TIDEWATER INC COMMON		2011-02-14	2011-08-24
	20. TOYOTA MOTOR CORP ADR 2		2009-08-17	2011-08-24
	30. TOYOTA MOTOR CORP ADR 2		2011-02-14	2011-08-24
	130. UNILEVER N V NY SHS NEW F			2011-08-24
	240. UNITED RENTALS INC			2011-08-24
	190. VALE SA SP PREF ADR			2011-08-24
	150. VERISIGN INC COMMON		2011-07-21	2011-08-24
	100. VESTAS WIND SYSTEMS A/S ADR		2009-08-17	2011-08-24
	160. VESTAS WIND SYSTEMS A/S ADR		2011-03-24	2011-08-24
	190. VESTAS WIND SYSTEMS A/S ADR		2010-11-10	2011-08-24
	60. WAL MART STORES INCORPORATED			2011-08-24
	230. WASTE CONNECTIONS		2011-07-21	2011-08-24
	150. WELLS FARGO & CO NEW		2009-08-17	2011-08-24
	20. WESTPAC BANKING LTD COM		2011-07-21	2011-08-24
	30. WESTPAC BANKING LTD COM			2011-08-24
	160. WEYERHAEUSER COMPANY		2011-05-16	2011-08-24
	50. JOHN WILEY & SONS INC. CLASS A		2011-02-14	2011-08-24
	100. JOHN WILEY & SONS INC. CLASS A		2009-08-17	2011-08-24
	70. WOLVERINE WORLD WIDE INC COMMON		2011-07-21	2011-08-24
	100. WOLVERINE WORLD WIDE INC COMMON		2009-09-21	2011-08-24
	30. WOODSIDE PETROLEUM LTD SPONSORED ADR		2011-07-21	2011-08-24
	80. WORLEYPARSONS LIMITED		2011-07-21	2011-08-24
	270. WYNDHAM WORLDWIDE CORP			2011-08-24
	120. WILLIS GROUP HOLDINGS		2011-07-21	2011-08-24
	110. ALLIED WORLD ASSURANCE COMPANY HOLDINGS		2010-02-23	2011-08-24
	230. TE CONNECTIVITY LTD			2011-08-24
	80. TYCO INTERNATIONAL LTD			2011-08-24
	50. ABBOTT LABORATORIES			2011-12-27
	120. ADMIRAL GROUP PLC		2011-08-24	2011-12-27
	330. ALCOA INC			2011-12-27
	40. ALLEGIANT TRAVEL COMPANY COMMON		2011-08-24	2011-12-27
	4274.238 AMERICAN CENTURY DIVERSIFIED BOND FUND #			2011-12-27
	30. AMGEN INCORPORATED		2011-05-16	2011-12-27
	30. AON CORPORATION COMMON		2011-02-14	2011-12-27
	50. BRISTOL MYERS SQUIBB COMPANY		2011-08-24	2011-12-27
	20. CASEY'S GENERAL STORES, INC. COMMON		2011-08-24	2011-12-27
	40. CENOVUS ENERGY INC.		2011-02-14	2011-12-27
	70. CISCO SYSTEMS		2011-03-24	2011-12-27
	120. COMERICA, INC. COMMON		2011-08-24	2011-12-27
	80. COMPLETE PRODUCTION SERVICES INC COMMON		2011-08-24	2011-12-27
	100. CORNING INCORPORATED		2008-12-10	2011-12-27
	20. CYMER COMMON		2011-08-24	2011-12-27
	280. DANA HOLDINGS CORPORATION COMMON		2011-08-24	2011-12-27
	50. DOMINION RESOURCES INC/VA COMMON		2011-08-24	2011-12-27
	80. DOW CHEMICAL COMPANY		2011-07-21	2011-12-27
	70. ELAN CORP INC ADR		2011-08-24	2011-12-27
	160. ENCANA CORP COMMON		2011-08-24	2011-12-27
	40. ENERSYS COMMON		2011-08-24	2011-12-27
	40. ENSCO INTERNATIONAL PLC		2011-07-21	2011-12-27
	3270.571 FEDERATED TOTAL RETURN GOV'T BOND FUND #647		2009-10-26	2011-12-27
	20. F5 NETWORKS INC COMMON		2011-08-24	2011-12-27
	110. HUMAN GENOME SCIENCES INC		2011-08-24	2011-12-27
	80. INTEL CORPORATION		2007-11-08	2011-12-27
	440. ISHARES BARCLAYS 1-3 YEAR CREDIT BOND FD			2011-12-27
	30. KRAFT FOODS INC-A COMMON		2009-05-15	2011-12-27
	30. LINCOLN ELECTRIC HOLDINGS COMMON		2011-08-24	2011-12-27
	70. LOCKHEED MARTIN CORP		2011-08-24	2011-12-27
	20. LORILLARD INC COMMON		2011-08-24	2011-12-27
	210. MASTEC INC COMMON		2011-08-24	2011-12-27
	30. MEDNAX INC COMMON		2010-02-23	2011-12-27
	50. METLIFE COMMON		2010-02-23	2011-12-27
	20. METLIFE COMMON		2011-07-21	2011-12-27
	20. MOHAWK IND INC COMMON		2011-08-24	2011-12-27
	90. MORGAN STANLEY DEAN WITTER DIS CO		2010-02-23	2011-12-27
	120. NEW ORIENTAL EDUCATION SP ADR		2011-02-14	2011-12-27
	130. NEW YORK COMMUNITY BANCORP INC. COMMON		2011-08-24	2011-12-27
	30. NOVO-NORDISK A S ADR		2009-08-17	2011-12-27
	100. NUANCE COMMUNICATIONS INC COMMON		2011-08-24	2011-12-27
	30. ONYX PHARMACEUTICALS INC COM		2011-08-24	2011-12-27
	2270.822 PIMCO LOW DURATION INSTITUTIONAL			2011-12-27
	19790.253 PIMCO PIMS FOREIGN BOND FUND			2011-12-27
	240. PANTRY, INC.		2011-08-24	2011-12-27
	60. PROGRESS ENERGY, INC		2011-08-24	2011-12-27
	210. QUEST SOFTWARE INC		2011-08-24	2011-12-27
	40. ROSS STORES INC COM		2011-08-24	2011-12-27
	90. SALLY BEAUTY COMPANY INC COMMON		2011-08-24	2011-12-27
	20. SIGNATURE BANK COMMON		2011-08-24	2011-12-27
	330. SOUTHWEST AIRLINES		2011-03-24	2011-12-27
	250. SOUTHWEST BANCORP INC/OKLA COMMON		2011-08-24	2011-12-27
	240. STAPLES INC COMMON		2011-02-14	2011-12-27
	60. TOLL BROTHERS INC		2011-08-24	2011-12-27
	59.904 GLOBAL ABSOLUTE RETURN FUND		2011-08-24	2011-12-27
	90. VERIZON COMMUNICATIONS INC		2011-08-24	2011-12-27
	190. VIRGINIA COMMERCE BANCORP N/C FROM VIRGINIA COMMERCE BANK EFF 12/		2011-08-24	2011-12-27
	30. WPP PLC ADR		2011-08-24	2011-12-27
	30. WHITING PETROLEUM CORP COMMON		2010-04-20	2011-12-27
	50. ARCH CAPITAL GROUP LTD		2011-08-24	2011-12-27
	90. SEAGATE TECHNOLOGY		2011-08-24	2011-12-27
	220. UTI WORLDWIDE INC		2011-08-24	2011-12-27
	70. TYCO INTERNATIONAL LTD		2010-08-04	2011-12-27
	30. CNH GLOBAL N V		2011-08-24	2011-12-27
	20. AMGEN INCORPORATED		2011-07-21	2012-03-07
	5. APPLE COMPUTER CORPORATION COMMON		2010-11-10	2012-03-07
	300. BG GROUP PLC SPON ADR			2012-03-07
	50. BG GROUP PLC SPON ADR		2009-08-17	2012-03-07
	30. BARRICK GOLD CORP. EFF. 1-18-95		2011-12-27	2012-03-07
	70. CIT GROUP INC COMMON		2011-12-27	2012-03-07
	50. CENOVUS ENERGY INC.		2011-02-14	2012-03-07
	40. CINCINNATI FINANCIAL CORP		2011-08-24	2012-03-07
	40. CONSOLIDATED EDISON INC COMMON		2011-08-24	2012-03-07
	50. DU PONT E I DE NEMOURS & COMPANY		2011-12-27	2012-03-07
	30. EXXON MOBIL CORPORATION		2011-12-27	2012-03-07
	40. FEDEX CORPORATION		2011-02-14	2012-03-07
	280. GENERAL ELECTRIC COMPANY			2012-03-07
	110. INVESTMENT TECH GROUP INC		2011-08-24	2012-03-07
	30. J P MORGAN CHASE & CO		2010-08-04	2012-03-07
	70. J P MORGAN CHASE & CO		2011-02-14	2012-03-07
	30. KELLOGG COMPANY		2011-12-27	2012-03-07
	40. KOHLS CORP COMMON		2011-12-27	2012-03-07
	40. LOWES COMPANIES INCORPORATED		2011-12-27	2012-03-07
	90. LOWES COMPANIES INCORPORATED		2011-02-14	2012-03-07
	20. M & T BK CORP		2011-12-27	2012-03-07
	100. MVC CAPITAL		2011-12-27	2012-03-07
	40. METLIFE COMMON		2011-07-21	2012-03-07
	5. MICROSOFT CORPORATION		2008-12-10	2012-03-07
	100. MTN GROUP LTD ADR		2009-08-17	2012-03-07
	100. MTN GROUP LTD ADR		2011-07-21	2012-03-07
	60. ORACLE SYSTEM CORPORATION		2008-10-30	2012-03-07
	70. ST JUDE MEDICAL INC COMMON		2011-07-21	2012-03-07
	30. SHIRE PHARMACEUTICALS GROUP PLC		2011-08-24	2012-03-07
	120. SOLUTIA INC COMMON			2012-03-07
	30. SUNCOR ENERGY, INC		2010-02-23	2012-03-07
	50. SYSCO CORPORATION		2011-12-27	2012-03-07
	70. TEXAS INSTRUMENTS INCORPORATED		2010-11-10	2012-03-07
	130. TEXAS INSTRUMENTS INCORPORATED		2011-02-14	2012-03-07
	30. UNITED HEALTH GROUP INC		2011-12-27	2012-03-07
	60. WMS INDUSTRIES INC COMMON		2011-08-24	2012-03-07
	90. WELLS FARGO & CO NEW		2009-08-17	2012-03-07
	130. WEYERHAEUSER COMPANY		2011-05-16	2012-03-07
	110. TE CONNECTIVITY LTD			2012-03-07
	150. LAZARD LTD		2011-08-24	2012-03-26
	40. AT&T INC		2011-12-27	2012-06-11
	255. AT&T INC		2009-02-26	2012-06-11
	120. ABBOTT LABORATORIES			2012-06-11
	40. ABBOTT LABORATORIES		2009-09-21	2012-06-11
	80. ACCRETIVE HEATLH, INC COMMON		2011-12-27	2012-06-11
	70. AGNICO EAGLE MINES LIMITED		2011-08-24	2012-06-11
	250. ALTRIA GROUP INC			2012-06-11
	829.403 AMERICAN CENTURY DIVERSIFIED BOND FUND #		2009-09-21	2012-06-11
	30. AMERICAN EXPRESS COMPANY		2011-12-27	2012-06-11
	20. AMERICAN EXPRESS COMPANY		2011-02-14	2012-06-11
	30. AMERISOURCEBERGEN CORP. COMMON		2011-08-24	2012-06-11
	40. ARCHER DANIELS MIDLAND COMPANY		2011-08-24	2012-06-11
	90. ASTRAZENECA PLC SPONS ADR		2011-08-24	2012-06-11
	120. BCE INC		2011-08-24	2012-06-11
	40. BAKER HUGHES INCORPORATED			2012-06-11
	20. BERKSHIRE HATHAWAY INC DEL CL B COMMON		2011-12-27	2012-06-11
	20. BERKSHIRE HATHAWAY INC DEL CL B COMMON		2009-08-17	2012-06-11
	150. BRISTOL MYERS SQUIBB COMPANY		2011-08-24	2012-06-11
	70. CVS CORP COMMON		2011-12-27	2012-06-11
	90. CARNIVAL CORP PAIRED CTF 1 COM		2011-08-24	2012-06-11
	20. CASEY'S GENERAL STORES, INC. COMMON		2011-08-24	2012-06-11
	90. CENTURYTEL INC		2011-08-24	2012-06-11
	10. CHEVRON TEXACO CORP COMMON		2008-08-04	2012-06-11
	450. CHINA RESOURCES ENTERPRISE LTD SP ADR		2011-08-24	2012-06-11
	140. CISCO SYSTEMS		2011-03-24	2012-06-11
	50. COCA COLA COMPANY		2011-07-21	2012-06-11
	150. COMCAST CORP NEW CL A		2009-10-21	2012-06-11
	50. CYTEC INDUSTRIES, INC COMMON		2011-12-27	2012-06-11
	20. DASSAULT SYSTEMS COMMON		2011-08-24	2012-06-11
	80. DISNEY WALT COMPANY		2009-03-25	2012-06-11
	98.074 DODGE & COX INCOME FUND		2010-02-23	2012-06-11
	50. DOMINION RESOURCES INC/VA COMMON		2011-08-24	2012-06-11
	164.936 DOUBLELINE TOTAL RETURN BOND FUND		2011-12-27	2012-06-11
	220. DUKE ENERGY CORP		2011-08-24	2012-06-11
	90. EMC CORPORATION COMMON		2011-12-27	2012-06-11
	80. ELSTER GROUP SE			2012-06-11
	40. ENERSYS COMMON		2011-08-24	2012-06-11
	60. EXPRESS SCRIPTS HOLDING CO COMMON		2011-12-27	2012-06-11
	30. EXXON MOBIL CORPORATION		2009-12-22	2012-06-11
	291.505 FEDERATED TOTAL RETURN GOV'T BOND FUND #647		2009-10-26	2012-06-11
	10. F5 NETWORKS INC COMMON		2011-08-24	2012-06-11
	40. FREEPORT-MCM COPR GOLD CL B		2011-07-21	2012-06-11
	120. GLAXO PLC			2012-06-11
	4. GOOGLE INC CL A		2011-05-16	2012-06-11
	2. GOOGLE INC CL A		2011-12-27	2012-06-11
	50. HCP, INC COMMON		2011-12-27	2012-06-11
	60. HEALTH CARE REIT INC		2011-08-24	2012-06-11
	100. H J HEINZ COMPANY		2011-08-24	2012-06-11
	50. HONEYWELL INTERNATIONAL INC		2011-08-24	2012-06-11
	50. INTERDIGITAL INC COMMON		2011-08-24	2012-06-11
	10. INTERNATIONAL BUSINESS MACHINES CORP		2009-05-15	2012-06-11
	80. JARDEN CORP COMMON		2011-08-24	2012-06-11
	90. JOHNSON & JOHNSON		2003-11-20	2012-06-11
	60. JUPITER TELECOMMUNICATIONS CO LTD ADR		2011-08-24	2012-06-11
	80. KIMBERLY CLARK CORPORATION		2011-08-24	2012-06-11
	40. KRAFT FOODS INC-A COMMON		2009-05-15	2012-06-11
	90. LAM RESH CORP		2011-12-27	2012-06-11
	180. ELI LILLY & CO			2012-06-11
	507.399 MANAGERS AMG FQ GLOBAL ALTERNATIVE FUND		2011-08-24	2012-06-11
	70. MEDTRONIC INC		2007-11-08	2012-06-11
	30. MERCK & CO INC		2011-12-27	2012-06-11
	80. MERCK & CO INC		2009-08-17	2012-06-11
	248.36 THE MERGER FUND		2011-08-24	2012-06-11
	331.644 METROPOLITAN WEST TOTAL RETURN BOND FUND		2011-12-27	2012-06-11
	100. MICROSOFT CORPORATION		2009-01-23	2012-06-11
	4. NVR INC. COMMON		2011-08-24	2012-06-11
	90. NATIONAL GRID GROUP-SPON ADR		2011-08-24	2012-06-11
	60. OCEANEERING INTERNATIONAL INC		2011-08-24	2012-06-11
	190. PPL CORPORATION			2012-06-11
	40. PAREXEL INTERNATIONAL COMMON		2011-08-24	2012-06-11
	30. PEPSICO INCORPORATED		2008-12-10	2012-06-11
	90. PHILIP MORRIS INTERNATIONAL		2011-08-24	2012-06-11
	80. PHILLIPS 66 COMMON		2003-11-20	2012-06-11
	70. PROCTOR AND GAMBLE COMPANY		2011-02-14	2012-06-11
	100. REYNOLDS AMERICAN INC COMMON		2011-08-24	2012-06-11
	20. ROSS STORES INC COM		2011-08-24	2012-06-11
	110. ROYAL DUTCH SHELL PLC ADR CL B			2012-06-11
	40. SALLY BEAUTY COMPANY INC COMMON		2011-08-24	2012-06-11
	40. UTILITIES SELECT SECTOR SPDR FUND		2011-07-21	2012-06-11
	140. SOLUTIA INC COMMON		2011-07-21	2012-06-11
	130. SOUTHERN COMPANY		2011-08-24	2012-06-11
	70. STERIS CORP COMMON		2011-08-24	2012-06-11
	50. STRYKER CORP COMMON		2011-12-27	2012-06-11
	40. TARGET CORP COM		2011-02-14	2012-06-11
	5. TELEFONICA S A		2011-08-24	2012-06-11
	185. TELEFONICA S A		2011-08-24	2012-06-11
	40. THERMO ELECTRON COMMON		2011-02-14	2012-06-11
	20. FINA S A SPONSORED		2011-12-27	2012-06-11
	60. FINA S A SPONSORED		2009-08-17	2012-06-11
	30. TRACTOR SUPPLY COMPANY COMMON		2011-08-24	2012-06-11
	160. VERIZON COMMUNICATIONS INC			2012-06-11
	150. VODAFONE GROUP PLC NEW SP ADR			2012-06-11
	40. VODAFONE GROUP PLC NEW SP ADR		2011-08-24	2012-06-11
	30. WAL MART STORES INCORPORATED		2010-08-04	2012-06-11
	60. WAL-MART DE MEXICO		2009-08-17	2012-06-11
	190. WAL-MART DE MEXICO		2011-08-24	2012-06-11
	120. WINDSTREAM CORP		2011-08-24	2012-06-11
	30. WISCONSIN ENERGY CORPORATION		2011-08-24	2012-06-11
	60. HERBALIFE LTD		2011-12-27	2012-06-11
	50. INVESCO LTD		2011-08-24	2012-06-11
	70. PARTNERRE HOLDINGS LTD		2011-08-24	2012-06-11
	60. SEAGATE TECHNOLOGY		2011-08-24	2012-06-11
	60. WARNER CHILCOTT PLC CLASS A			2012-06-11
	100. ACME PACKET INC COMMON		2012-06-11	2012-07-25
	20. ALLEGIANT TRAVEL COMPANY COMMON		2011-08-24	2012-07-25
	180. ALLSCRIPTS HEALTHCARE SOLUTIONS		2011-08-24	2012-07-25
	10. CHEVRON TEXACO CORP COMMON		2008-08-04	2012-07-25
	62.502 COHEN & STEERS REALTY SHARES INSTITUTION		2011-07-21	2012-07-25
	20. CONOCOPHILLIPS COM		2003-11-20	2012-07-25
	554.629 CREDIT SUISSE COMMODITY RETURN STRATEGY INSTITUTIONAL SHS FD 2		2009-08-20	2012-07-25
	30. CROWN HOLDINGS INC COMMON		2010-08-04	2012-07-25
	50. DIAGEO PLC SPONSORED ADR		2011-08-24	2012-07-25
	50. ELSTER GROUP SE		2011-08-24	2012-07-25
	30. ENERSYS COMMON		2011-08-24	2012-07-25
	620. ERSTE BK DER OESTER SPAR-ADR			2012-07-25
	70. ERSTE BK DER OESTER SPAR-ADR		2011-07-21	2012-07-25
	20. JGC CORPORATION		2011-08-24	2012-07-25
	80. LAYNE CHRISTENSEN COMPANY		2011-08-24	2012-07-25
	648.565 THE MERGER FUND			2012-07-25
	40. MICROSOFT CORPORATION		2009-01-23	2012-07-25
	30. ONYX PHARMACEUTICALS INC COM		2011-08-24	2012-07-25
	130. ORACLE SYSTEM CORPORATION		2012-06-11	2012-07-25
	40. ORACLE SYSTEM CORPORATION		2008-10-30	2012-07-25
	40. PAREXEL INTERNATIONAL COMMON		2011-08-24	2012-07-25
	50. PEPSICO INCORPORATED			2012-07-25
	110. PFIZER INCORPORATED		2010-07-06	2012-07-25
	10. PFIZER INCORPORATED		2011-07-21	2012-07-25
	5. TELEFONICA S A		2012-06-15	2012-07-25
	70. TOLL BROTHERS INC		2011-08-24	2012-07-25
	40. SEAGATE TECHNOLOGY		2011-08-24	2012-07-25
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	12,407	7,441	4,966
b	3,093	3,092	1
c	1,503	2,347	-844
d	7,273	4,968	2,305
e	1,746	2,155	-409
	1,433	2,083	-650
	2,677	4,056	-1,379
	5,587	6,655	-1,068
	2,858	2,791	67
	4,298	4,785	-487
	7,427	5,529	1,898
	1,483	2,201	-718
	1,618	1,176	442
	2,695	3,023	-328
	9,732	6,562	3,170
	1,497	1,261	236
	3,072	5,092	-2,020
	1,629	2,690	-1,061
	36,589	33,070	3,519
	1,678	2,344	-666
	5,130	7,345	-2,215
	2,732	3,926	-1,194
	1,432	2,279	-847
	2,864	4,699	-1,835
	1,105	1,588	-483
	2,624	2,028	596
	2,643	4,196	-1,553
	3,652	7,425	-3,773
	2,627	2,071	556
	2,102	2,430	-328
	2,331	2,584	-253
	1,284	3,006	-1,722
	1,947	2,499	-552
	1,298	1,187	111
	2,812	2,103	709
	6,281	7,172	-891
	1,859	2,144	-285
	6,295	5,475	820
	11,267	8,858	2,409
	1,978	2,174	-196
	5,934	5,072	862
	2,068	1,726	342
	3,464	4,976	-1,512
	2,198	2,806	-608
	5,733	7,270	-1,537
	7,209	6,211	998
	1,716	1,813	-97
	3,624	3,444	180
	6,200	7,931	-1,731
	1,531	1,753	-222
	2,069	2,089	-20
	6,197	5,248	949
	1,942	1,961	-19
	4,947	4,030	917
	1,314	571	743
	2,293	1,545	748
	2,468	4,413	-1,945
	3,494	3,130	364
	2,015	1,561	454
	925	1,165	-240
	4,476	5,527	-1,051
	7,086	4,572	2,514
	1,225	693	532
	2,450	2,177	273
	3,185	2,406	779
	3,679	5,020	-1,341
	1,883	2,778	-895
	1,946	2,234	-288
	3,041	3,657	-616
	4,367	5,755	-1,388
	7,931	8,134	-203
	4,379	4,123	256
	10,972	10,606	366
	1,534	1,883	-349
	1,066	1,813	-747
	1,154	2,058	-904
	4,453	4,996	-543
	2,368	1,905	463
	8,858	3,580	5,278
	5,208	3,483	1,725
	3,679	5,416	-1,737
	5,657	7,464	-1,807
	3,129	2,151	978
	4,079	5,347	-1,268
	3,574	2,270	1,304
	3,730	6,485	-2,755
	1,507	2,036	-529
	3,094	3,781	-687
	1,933	2,282	-349
	3,648	5,434	-1,786
	1,550	1,694	-144
	6,918	6,224	694
	2,431	2,474	-43
	3,057	4,053	-996
	306	343	-37
	2,225	2,580	-355
	4,450	4,262	188
	5,763	3,548	2,215
	5,317	7,761	-2,444
	1,835	2,175	-340
	1,101	1,278	-177
	25,027	25,049	-22
	5,260	5,060	200
	6,709	7,858	-1,149
	4,007	1,820	2,187
	2,614	2,077	537
	1,145	1,195	-50
	4,074	5,158	-1,084
	1,571	1,384	187
	2,169	2,361	-192
	1,480	1,988	-508
	6,460	4,710	1,750
	2,647	3,176	-529
	4,522	6,447	-1,925
	1,114	2,052	-938
	2,639	3,271	-632
	1,450	2,141	-691
	2,659	2,289	370
	1,196	2,289	-1,093
	4,067	5,442	-1,375
	5,460	5,095	365
	6,724	7,496	-772
	9,382	2,580	6,802
	3,160	3,833	-673
	4,424	4,714	-290
	4,109	5,230	-1,121
	1,900	2,175	-275
	1,267	1,337	-70
	3,544	2,139	1,405
	3,556	4,622	-1,066
	1,758	3,070	-1,312
	1,000	1,242	-242
	1,401	1,224	177
	1,638	2,582	-944
	1,153	1,327	-174
	2,368	1,628	740
	25,721	25,770	-49
	17,182	16,810	372
	1,902	1,574	328
	2,450	2,229	221
	2,769	4,103	-1,334
	5,000	6,211	-1,211
	5,735	6,746	-1,011
	1,399	1,455	-56
	2,797	2,091	706
	1,256	1,288	-32
	2,576	2,117	459
	1,866	2,218	-352
	4,213	2,785	1,428
	6,278	5,904	374
	2,453	2,687	-234
	5,804	4,854	950
	8,727	9,729	-1,002
	3,927	3,453	474
	2,671	2,746	-75
	1,926	2,686	-760
	4,097	3,283	814
	3,572	2,300	1,272
	4,467	4,594	-127
	2,786	2,389	397
	2,582	4,464	-1,882
	2,179	3,375	-1,196
	1,292	1,990	-698
	718	1,064	-346
	1,648	2,175	-527
	2,122	4,151	-2,029
	3,714	1,688	2,026
	3,651	3,045	606
	2,104	2,345	-241
	11,096	10,988	108
	3,552	3,778	-226
	1,463	1,864	-401
	2,009	2,414	-405
	2,009	1,839	170
	3,860	3,822	38
	1,130	1,327	-197
	2,034	1,339	695
	1,854	1,792	62
	2,896	2,576	320
	914	1,372	-458
	3,151	4,778	-1,627
	5,253	5,727	-474
	2,012	2,266	-254
	1,435	1,678	-243
	2,153	2,778	-625
	4,387	4,141	246
	3,470	7,426	-3,956
	4,554	3,648	906
	4,557	4,992	-435
	661	2,488	-1,827
	1,058	2,144	-1,086
	1,256	2,046	-790
	3,187	3,178	9
	7,703	7,843	-140
	3,621	3,991	-370
	2,091	2,332	-241
	3,136	3,028	108
	2,591	3,607	-1,016
	2,290	2,398	-108
	4,580	2,991	1,589
	2,404	2,822	-418
	3,435	2,595	840
	1,099	1,313	-214
	2,178	2,562	-384
	8,051	8,383	-332
	4,346	4,770	-424
	5,682	5,082	600
	6,722	6,514	208
	3,201	2,876	325
	2,808	2,276	532
	1,543	2,684	-1,141
	2,892	5,780	-2,888
	2,175	1,790	385
	46,675	45,113	1,562
	1,933	1,794	139
	1,412	1,511	-99
	1,762	1,439	323
	1,034	827	207
	1,317	1,450	-133
	1,301	1,227	74
	3,130	2,815	315
	2,745	2,167	578
	1,325	881	444
	1,018	801	217
	3,368	3,184	184
	2,669	2,479	190
	2,312	2,868	-556
	928	681	247
	3,002	4,003	-1,001
	1,049	863	186
	1,948	2,089	-141
	38,364	36,957	1,407
	2,140	1,442	698
	782	1,428	-646
	1,970	2,059	-89
	45,910	46,048	-138
	1,132	744	388
	1,188	946	242
	5,690	5,083	607
	2,282	2,211	71
	3,673	4,102	-429
	2,142	1,587	555
	1,566	1,747	-181
	626	841	-215
	1,224	886	338
	1,385	2,512	-1,127
	2,889	2,849	40
	1,605	1,610	-5
	3,406	1,810	1,596
	2,558	1,718	840
	1,333	932	401
	23,412	23,730	-318
	211,162	205,670	5,492
	2,777	2,880	-103
	3,350	2,905	445
	3,954	3,430	524
	1,961	1,466	495
	1,934	1,445	489
	1,229	1,029	200
	2,785	4,125	-1,340
	1,655	1,230	425
	3,391	5,306	-1,915
	1,208	905	303
	1,110	1,122	-12
	3,596	3,269	327
	1,439	1,112	327
	1,545	1,532	13
	1,409	1,269	140
	1,878	1,621	257
	1,420	977	443
	2,982	2,743	239
	3,284	2,692	592
	1,111	829	282
	1,340	1,115	225
	2,667	1,576	1,091
	6,906	6,496	410
	1,151	822	329
	1,372	1,365	7
	2,722	2,485	237
	1,824	1,813	11
	1,386	1,067	319
	2,315	2,270	45
	2,511	2,318	193
	2,575	2,558	17
	3,585	3,766	-181
	5,253	4,450	803
	1,204	1,230	-26
	1,197	1,238	-41
	2,793	3,263	-470
	1,554	1,525	29
	1,924	2,002	-78
	1,145	1,026	119
	2,577	2,265	312
	1,594	1,535	59
	1,240	1,202	38
	1,516	1,682	-166
	159	104	55
	1,816	1,582	234
	1,816	2,153	-337
	1,813	1,085	728
	2,860	3,467	-607
	3,085	2,939	146
	3,325	1,544	1,781
	1,017	891	126
	1,473	1,481	-8
	2,286	2,182	104
	4,246	4,667	-421
	1,636	1,543	93
	1,279	1,306	-27
	2,755	2,395	360
	2,677	2,931	-254
	3,868	2,944	924
	4,429	4,098	331
	1,395	1,206	189
	8,893	6,145	2,748
	7,427	6,351	1,076
	2,476	1,862	614
	868	1,942	-1,074
	2,772	4,520	-1,748
	8,285	7,029	1,256
	9,256	8,792	464
	1,669	1,434	235
	1,113	930	183
	1,104	1,134	-30
	1,275	1,125	150
	3,714	4,227	-513
	4,903	4,730	173
	1,568	2,286	-718
	1,617	1,545	72
	1,617	1,300	317
	5,154	4,318	836
	3,149	2,879	270
	2,952	2,783	169
	1,182	827	355
	3,398	3,116	282
	1,008	847	161
	2,655	3,663	-1,008
	2,321	2,454	-133
	3,755	3,482	273
	4,536	2,317	2,219
	2,976	2,289	687
	1,814	1,550	264
	3,693	1,468	2,225
	1,341	1,285	56
	2,655	2,479	176
	1,847	1,832	15
	5,093	4,157	936
	2,200	1,959	241
	1,117	1,252	-135
	1,317	863	454
	3,133	2,699	434
	2,437	2,062	375
	3,440	3,294	146
	1,015	721	294
	1,341	2,200	-859
	5,359	5,239	120
	2,300	2,103	197
	1,150	1,285	-135
	2,061	2,081	-20
	3,332	2,879	453
	5,339	5,091	248
	2,788	2,217	571
	1,172	3,347	-2,175
	1,943	1,014	929
	3,277	2,247	1,030
	5,630	4,673	957
	4,195	4,379	-184
	6,514	5,394	1,120
	1,535	992	543
	3,371	3,369	2
	7,522	6,671	851
	4,683	4,445	238
	2,617	3,174	-557
	1,161	1,134	27
	3,096	2,470	626
	3,909	3,867	42
	3,532	3,423	109
	2,925	1,731	1,194
	3,104	2,400	704
	4,633	4,538	95
	2,749	2,315	434
	5,269	5,317	-48
	1,078	768	310
	2,052	1,574	478
	7,652	6,301	1,351
	2,629	1,046	1,583
	4,399	4,507	-108
	4,139	3,662	477
	1,284	733	551
	7,265	7,376	-111
	1,056	642	414
	1,477	1,363	114
	3,842	3,170	672
	6,174	5,354	820
	2,167	2,098	69
	2,594	2,494	100
	2,363	2,159	204
	60	103	-43
	2,235	3,805	-1,570
	2,015	2,291	-276
	872	1,016	-144
	2,615	3,163	-548
	2,582	1,758	824
	6,857	5,891	966
	3,985	3,164	821
	1,063	1,096	-33
	2,042	1,544	498
	1,474	1,067	407
	4,666	5,010	-344
	1,132	1,441	-309
	1,163	945	218
	2,704	3,156	-452
	1,130	868	262
	5,041	3,923	1,118
	1,365	651	714
	1,111	976	135
	1,730	2,245	-515
	1,366	895	471
	1,676	2,987	-1,311
	1,061	847	214
	2,734	2,728	6
	1,062	440	622
	4,559	4,581	-22
	1,040	849	191
	5,150	3,679	1,471
	1,020	802	218
	994	648	346
	5,177	8,402	-3,225
	584	1,783	-1,199
	1,159	1,085	74
	1,657	2,127	-470
	10,202	10,274	-72
	1,160	692	468
	2,287	932	1,355
	3,825	3,537	288
	1,177	723	454
	1,094	768	326
	3,510	2,733	777
	2,560	1,569	991
	233	202	31
	52	190	-138
	2,054	1,056	998
	1,057	434	623
			44

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			4,966
b			1
c			-844
d			2,305
e			-409
			-650
			-1,379
			-1,068
			67
			-487
			1,898
			-718
			442
			-328
			3,170
			236
			-2,020
			-1,061
			3,519
			-666
			-2,215
			-1,194
			-847
			-1,835
			-483
			596
			-1,553
			-3,773
			556
			-328
			-253
			-1,722
			-552
			111
			709
			-891
			-285
			820
			2,409
			-196
			862
			342
			-1,512
			-608
			-1,537
			998
			-97
			180
			-1,731
			-222
			-20
			949
			-19
			917
			743
			748
			-1,945
			364
			454
			-240
			-1,051
			2,514
			532
			273
			779
			-1,341
			-895
			-288
			-616
			-1,388
			-203
			256
			366
			-349
			-747
			-904
			-543
			463
			5,278
			1,725
			-1,737
			-1,807
			978
			-1,268
			1,304
			-2,755
			-529
			-687
			-349
			-1,786
			-144
			694
			-43
			-996
			-37
			-355
			188
			2,215
			-2,444
			-340
			-177
			-22
			200
			-1,149
			2,187
			537
			-50
			-1,084
			187
			-192
			-508
			1,750
			-529
			-1,925
			-938
			-632
			-691
			370
			-1,093
			-1,375
			365
			-772
			6,802
			-673
			-290
			-1,121
			-275
			-70
			1,405
			-1,066
			-1,312
			-242
			177
			-944
			-174
			740
			-49
			372
			328
			221
			-1,334
			-1,211
			-1,011
			-56
			706
			-32
			459
			-352
			1,428
			374
			-234
			950
			-1,002
			474
			-75
			-760
			814
			1,272
			-127
			397
			-1,882
			-1,196
			-698
			-346
			-527
			-2,029
			2,026
			606
			-241
			108
			-226
			-401
			-405
			170
			38
			-197
			695
			62
			320
			-458
			-1,627
			-474
			-254
			-243
			-625
			246
			-3,956
			906
			-435
			-1,827
			-1,086
			-790
			9
			-140
			-370
			-241
			108
			-1,016
			-108
			1,589
			-418
			840
			-214
			-384
			-332
			-424
			600
			208
			325
			532
			-1,141
			-2,888
			385
			1,562
			139
			-99
			323
			207
			-133
			74
			315
			578
			444
			217
			184
			190
			-556
			247
			-1,001
			186
			-141
			1,407
			698
			-646
			-89
			-138
			388
			242
			607
			71
			-429
			555
			-181
			-215
			338
			-1,127
			40
			-5
			1,596
			840
			401
			-318
			5,492
			-103
			445
			524
			495
			489
			200
			-1,340
			425
			-1,915
			303
			-12
			327
			327
			13
			140
			257
			443
			239
			592
			282
			225
			1,091
			410
			329
			7
			237
			11
			319
			45
			193
			17
			-181
			803
			-26
			-41
			-470
			29
			-78
			119
			312
			59
			38
			-166
			55
			234
			-337
			728
			-607
			146
			1,781
			126
			-8
			104
			-421
			93
			-27
			360
			-254
			924
			331
			189
			2,748
			1,076
			614
			-1,074
			-1,748
			1,256
			464
			235
			183
			-30
			150
			-513
			173
			-718
			72
			317
			836
			270
			169
			355
			282
			161
			-1,008
			-133
			273
			2,219
			687
			264
			2,225
			56
			176
			15
			936
			241
			-135
			454
			434
			375
			146
			294
			-859
			120
			197
			-135
			-20
			453
			248
			571
			-2,175
			929
			1,030
			957
			-184
			1,120
			543
			2
			851
			238
			-557
			27
			626
			42
			109
			1,194
			704
			95
			434
			-48
			310
			478
			1,351
			1,583
			-108
			477
			551
			-111
			414
			114
			672
			820
			69
			100
			204
			-43
			-1,570
			-276
			-144
			-548
			824
			966
			821
			-33
			498
			407
			-344
			-309
			218
			-452
			262
			1,118
			714
			135
			-515
			471
			-1,311
			214
			6
			622
			-22
			191
			1,471
			218
			346
			-3,225
			-1,199
			74
			-470
			-72
			468
			1,355
			288
			454
			326
			777
			991
			31
			-138
			998
			623

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	30,832
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	110,901	2,388,289	0.046435
2009	74,000	2,254,481	0.032824
2008	82,500	2,067,433	0.039905
2007	117,396	2,451,684	0.047884
2006	92,900	2,456,658	0.037816

2	Total of line 1, column (d) ......................	2	0.204864
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3	0.040973
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	2,315,824
5	Multiply line 4 by line 3.......................	5	94,886
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	665
7	Add lines 5 and 6.........................	7	95,551
8	Enter qualifying distributions from Part XII, line 4..............	8	113,000
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2011)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	665
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	665
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	665
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	2,416
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	2,416
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,751
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax668	Refunded	11	1,083

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

BRANCH BANKING & TRUST COMPANY Telephone no. bullet

(910) 693-2726

Located at bullet

130 APPLECROSS RDPINEHURSTNC ZIP+4 bullet

28374

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2011)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2011.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2011)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BRANCH BANKING AND TRUST COMPANY	TRUSTEE 1	31,830
PO DRAWER 1149 PINEHURST,NC28374	TRUSTEE 1	31,830
ROBERT HUTCHINSON	TRUSTEE 1	0
220 E WASHINGTON ST ROCKINGHAM,NC28379	TRUSTEE 1	0
JUDY S BLOUNT	TRUSTEE 1	0
715 STANLEY AVE ROCKINGHAM,NC28379	TRUSTEE 1	0
F BRENT NEAL	TRUSTEE 1	0
PO BOX 1657 ROCKINGHAM,NC283791657	TRUSTEE 1	0

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2011)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3.......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

2,351,090

Average of monthly cash balances.......................

Fair market value of all other assets (see page 24 of the instructions)............

Total (add lines 1a, b, and c).........................

2,351,090

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

2,351,090

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25

of the instructions) ...........................

35,266

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

2,315,824

Minimum investment return. Enter 5% of line 5..................

115,791

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

115,791

Tax on investment income for 2011 from Part VI, line 5......

665

Income tax for 2011. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

665

Distributable amount before adjustments. Subtract line 2c from line 1............

115,126

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

115,126

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

115,126

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

113,000

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

113,000

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

665

Adjusted qualifying distributions. Subtract line 5 from line 4..............

112,335

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2011)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(b) Years prior to 2010	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7					115,126
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				110,173
b Total for prior years:2009, 20, 20			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	0
b From 2007.......	0
c From 2008.......	0
d From 2009.......	0
e From 2010.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2011 from Part
XII, line 4: $ 113,000
a Applied to 2010, but not more than line 2a				110,173
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)			0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...		0
d Applied to 2011 distributable amount.....					2,827
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2011.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........				0
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........					112,299
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............		0
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2007....	0
b Excess from 2008....	0
c Excess from 2009....	0
d Excess from 2010....	0
e Excess from 2011....	0

Form 990-PF (2011)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

TONIA WRIGHT
130 APPLECROSS RD
PINEHURST,NC28374
(910) 693-2726

bThe form in which applications should be submitted and information and materials they should include:

WRITTEN REQUEST FOR SCHOLARSHIP TO DUKE UNIV, UNC-CHAPEL HILL OR SALEM COLLEGE. WILL SHOW SCHOOL RECORD, HIGH SCHOOL, CLASS AND PLANNED MAJOR WRITTE REQUEST FOR PUBLIC SUPPORT - TITLE OF PROJECT, GOALS AND COST.

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

SCHOLARSHIP - RESIDENT OF RICHMOND COUNTY, NC PUBLIC SUPPORT - RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR INSTITUTIONS THAT SUPPORT CITIZENS OF RICHMOND COUNTY AND STATE OF NC

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
UNC CHAPEL HILL CB 2200 JACKSON HALL CHAPEL HILL,NC275992200	NONE	EXEMPT	COLLEGE SCHOLARSHIP	78,000
DISCOVERY PLACE 301 N TRYON STREET CHARLOTTE,NC28202	NONE	EXEMPT	EDUCATIONAL	35,000
Total ................................. 3a				113,000

bApproved for future payment

Total ................................. 3b

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	4,250
4 Dividends and interest from securities....			14	61,896
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	30,832
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aLITIGATION PROCEED			01	477
bFEDERAL TAX REFUND			01	869
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				98,324

13Total. Add line 12, columns (b), (d), and (e)..................

1398,324

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2011)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Description	Amount
DIFF IN MUTUAL FDS REC/REPORTED	1,047
ACCRUED INTEREST RECEIVED	1,249